Crypto-Backed
Explore crypto-backed stablecoins: digital assets pegged to the value of other cryptocurrencies.
Top gainers this week
Top losers this week
Token | Price | 1d % ▲▼ | 1w % ▲▼ | 1m % ▲▼ | Market Cap ▲▼ | Volume 24h ▲▼ | Score ▲▼ | Category | Holders ▲▼ | Entropy ▲▼ | Mc/Rev ▲▼ |
|---|---|---|---|---|---|---|---|---|---|---|---|
Threshold thUSDT | $0.003711 | -0.4% | -13.3% | 3.5% | $41.85M | $28,646 | 65.72 | 9,562 | 0.3965 | 9,893 | |
Dai StablecoinDAI | $0.001811 | 2.9% | 19.1% | 18.9% | $80.53M | $183,117 | 82.04 | USD+1 | 64,113 | 0.758 | – |
Dai StablecoinDAI | $0.9998 | -0.0% | -0.0% | -0.0% | $4.63B | $17.07M | 79.12 | DeFi+1 | 649,820 | 0.5797 | – |
Dai StablecoinDAI | $1 | 0.0% | 0.0% | 0.1% | $13.72M | $146,359 | 72.1 | USD+1 | 111,440 | 0.1981 | – |
Dai StablecoinDAI | $1 | -0.3% | 0.1% | 0.0% | $18.47M | $576,512 | 72.07 | 168,763 | 0.1963 | – | |
Dai TokenDAI | $1 | 0.0% | -0.0% | 0.0% | $31.10M | $142,893 | 71.9 | 204,622 | 0.1883 | – | |
USDL StablecoinUSDL | $1.004 | 0.1% | 0.8% | 1.1% | $1.26M | $18,651 | 70.98 | Lending+1 | 5,568 | 0.6116 | – |
Dai StablecoinDAI | $0.9999 | -0.1% | 0.0% | 0.0% | $2.07M | $38,623 | 70.64 | Bridged+1 | 438,999 | 0.1772 | – |
Dai Stablecoin from EthereumDAI | $1.001 | -0.3% | 0.4% | -0.0% | $12.48M | $370,484 | 70.23 | 32,514 | 0.2216 | – | |
USDeUSDe | $0.9998 | 0.0% | -0.0% | 0.1% | $4.03B | $25,292 | 69.07 | 35,803 | 0.2196 | – | |
Gho TokenGHO | $0.9989 | 0.0% | 0.1% | 0.1% | $648.79M | $15,915 | 68.52 | Lending+1 | 6,421 | 0.4513 | – |
Gho TokenGHO | $0.9989 | 0.0% | 0.1% | 0.1% | $648.26M | $2.30M | 67.64 | Lending+1 | 7,579 | 0.2849 | – |
(PoS) Dai StablecoinDAI | $0.9999 | 0.0% | 0.0% | 0.0% | $554.15M | $33.60M | 67.52 | 3.49M | – | – | |
Vesta StableVST | $1.006 | -0.2% | -0.2% | -4.4% | $76,431 | $2.093 | 67.41 | 58,426 | 0.484 | – | |
Staked USDaisUSDai | $1.099 | -0.0% | 0.2% | 0.7% | $329.11M | $154,452 | 67.1 | 3,510 | 0.3785 | – | |
Curve.Fi USD StablecoincrvUSD | $0.9996 | -0.0% | -0.0% | 0.0% | $210.09M | $117,470 | 66.97 | 1,220 | 0.5197 | – | |
Gho TokenGHO | $0.9989 | 0.0% | 0.1% | 0.1% | $648.51M | $12,967 | 65.8 | 10,302 | 0.2492 | – | |
FraxFRAX | $0.9903 | -0.2% | 0.0% | -0.0% | $239.57M | $590.69 | 65.69 | DeFi+1 | 16,145 | 0.3164 | – |
Alchemix USDalUSD | $0.941 | 0.2% | -1.8% | -1.8% | $10.04M | $74,368 | 65.56 | 5,201 | 0.2691 | – | |
FraxFRAX | $0.9903 | -0.2% | 0.0% | 0.0% | $239.57M | $4,424 | 65.22 | 9,301 | 0.2798 | – | |
Dai StablecoinDAI.e | $0.9994 | -0.0% | -0.1% | 0.0% | $11.18M | $8,256 | 64.85 | 7,707 | 0.2573 | – | |
Dola USD StablecoinDOLA | $0.9958 | -0.0% | -0.0% | -0.0% | $45.71M | $1.85M | 64.84 | 1,582 | 0.3555 | – | |
Metronome Synth USDmsUSD | $0.9933 | -0.1% | -0.2% | -0.3% | $44.56M | $56,792 | 64.11 | 2,431 | 0.2954 | – | |
miMATICmiMATIC | $0.9954 | 0.1% | -0.1% | 0.7% | $11.92M | $10,348 | 63.76 | Lending+1 | 42,575 | – | – |
AUSDAUSD | $0.9999 | -0.0% | -0.0% | -0.0% | $199.84M | $3.98M | 63.63 | 911 | 0.37 | – |
Frequently asked questions
How has Crypto-Backed performed recently?
The Crypto-Backed category has been quiet over both the 7-day and 30-day periods, with no tokens experiencing upward or downward breadth, and no significant climbers, fallers, or score extremes.
What are crypto-backed stablecoins?
Crypto-backed stablecoins are a type of stablecoin whose value is pegged to another cryptocurrency, often over-collateralized to maintain stability.
How do crypto-backed stablecoins maintain their peg?
They maintain their peg through over-collateralization with other cryptocurrencies, often managed by smart contracts that facilitate the minting and burning of tokens to maintain a stable value relative to their target asset.
What are the risks associated with crypto-backed stablecoins?
Risks include the volatility of the underlying collateral, smart contract vulnerabilities, and potential for liquidation if the collateral value drops significantly.
How do crypto-backed stablecoins differ from fiat-backed stablecoins?
Crypto-backed stablecoins are collateralized by other cryptocurrencies, whereas fiat-backed stablecoins are backed by traditional currencies held in reserves by financial institutions.